https://www.taxtmi.com/caselaws?id=388678 The Tribunal partly allowed the appeals of both the revenue and the assessee. It upheld the CIT(A)'s decisions on various issues such as addition of unsecured loans under Section 68 and disallowance of commission payments. The Tribunal also remanded certain issues for further verification, like the deletion of addition of interest paid to directors, ensuring a comprehensive review of the case. Ultimately, the Tribunal provided a balanced resolution based on the merits of each issue, dismissing unsupported claims and emphasizing the need for substantiation in tax matters. en-us Fri, 15 Nov 2019 00:00:00 +0530 Wed, 20 Nov 2019 12:22:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388678 The Tribunal partly allowed the appeals of both the revenue and the assessee. It upheld the CIT(A)'s decisions on various issues such as addition of unsecured loans under Section 68 and disallowance of commission payments. The Tribunal also remanded certain issues for further verification, like the deletion of addition of interest paid to directors, ensuring a comprehensive review of the case. Ultimately, the Tribunal provided a balanced resolution based on the merits of each issue, dismissing unsupported claims and emphasizing the need for substantiation in tax matters. Case-Laws Income Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388678